Well OS/2 does work in QEMU, though I guess you might say that I cheated a bit - I did this by doing the install in VMware Player and then using qemu-img to convert the file from a vmdk to a qcow.

I'm in a nostalgic mood lately, what with all the Atari stuff and now this.

I never got the OS/2 Warp 4 install to work in QEMU, but I'm most of the way through it in VMware Player, albeit very, very, very slowly.

Here's a few pics (there's more over at my Flickr of course):

So everyone knows that VMware Player is free, but it doesn't let you create virtual machines; only play existing ones.

Luckily, the .vmx file format is a simple plain-text format and there are tools out there that will help you create one.

One such tool is a web-based tool called VMBuilder.

I used it to create a virtual machine for running OS/2 Warp. It worked quite well. I donated $5 to the author, as I believe in rewarding people for good work, so that they are inspired to do more.